New Zealand Diploma in Business (Accounting Strand) (Level 5)

New Zealand Diploma in Business (Accounting Strand) (Level 5)

New Zealand Diploma in Business (Accounting Strand) (Level 5)

Are you organised, numerically inclined, and keen on pursuing a career in accounting? This one-year program offers a solid understanding of New Zealand's business environment and covers essential accounting topics.

SIT now offers HyFlex ('Hybrid-Flexible') learning, providing students with the flexibility to choose between face-to-face and online classes for the New Zealand Diploma in Business (Level 5) - Accounting strand.

Important Notice:

  • Please be aware that for all ACCY coded courses students will be required to be on-campus (i.e. in Invercargill or Queenstown) for at least one or two assessments.
  • BSNS coded courses do not have on campus requirements, but you may be required to complete online assessments at a time set by the institution. 
  • Some assessments in this programme may also require you to work in groups.
  • Hyflex applications for this programme close one week prior to the start of the programme. On-campus applications may be accepted after this date.
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Key Details
Invercargill / Hyflex
Qualification:
Diploma
Level:
5
Credits:
120
Duration:

One year full-time

Part-time study is available.

Study Modes:
Dates:

2027 Semester 1: 15 February to 25 June

2027 Semester 2: 12 July to 19 November

Fees:

This programme is eligible for the Zero Fees Scheme.

  • NO tuition fees
  • Direct material costs are $665 full-time (GST inclusive), per year under the Zero Fees Scheme.

Are you organised, good with numbers and interested in a career in accounting? This one-year programme provides a firm understanding of the business environment in New Zealand and covers a range of fundamental accounting topics.

This stand-alone diploma specialising in accounting can also be used as a pathway to further study, transitioning to the second year of the Bachelor of Accounting. Students may also transfer to the Bachelor of Commerce. The programme is practically oriented and is designed to give you a good understanding of the theories, practices and principles involved in business.

Graduates of this qualification will be able to:

- Analyse the operational impact of internal and external environments on a business entity to inform decision-making.

- Apply broad knowledge of the principles and current practices of operations, accounting, marketing/sales, human resources, and risk management, to support the performance of a business entity.

- Contribute operationally to innovation and organisational change in a business entity.

- Develop and maintain operational business relationships with stakeholders to support the performance of a business entity.

- Apply knowledge of te Tiriti o Waitangi to analyse how the resulting bi-cultural partnership can be applied to operational business activities and relationships.

- Apply professional and ethical practices with integrity, in accordance with the operational environmental, social and cultural requirements of the context, and apply personal and interpersonal skills to contribute to the achievement of business operational objectives.

Graduates of the Accounting strand will also be able to:
- Record and process a wide range of financial transactions, including the use of appropriate dedicated accounting software.
- Apply tax rules for individuals and small businesses to ensure compliance.
- Apply accounting concepts and standards to prepare financial statements and reports.
- Interpret and communicate financial and non-financial information to a variety of internal and external stakeholders to assist them in making decisions.
- Prepare and communicate budgets to internal stakeholders and monitor the business's performance against them.
- Evaluate financial and business risk of an entity and identify the internal controls that could be applied to minimise or mitigate the risk.
- Act in accordance with the accounting profession's Code of Ethics.
     

Get started on your business career with a Business Diploma in Accounting from SIT.

     

ACCY5101 Introduction to Accounting and Taxation

ACCY5102 Applied Accounting

ACCY5103 Analysis of Financial Information

ACCY5104 Budgets for Planning and Control 

BSNS5001 Organisations in an Aotearoa New Zealand Context.

BSNS5002 Business Environments

BSNS5003 Business Functions

BSNS5004 Change and Innovation


 

Graduates of this qualification with the Accounting strand will be able to apply in-depth accounting and finance knowledge and skills to inform operational business decisions in a variety of business entities in accounting and business roles. Graduates may also be able to contribute to community groups in volunteer accounting functions.

Application criteria

To apply, you must be at least 16 years old when the programme begins, or provide a completed Early Release Exemption.

You’ll also need to meet one of the following:

  • NCEA Level 2, including:
    • 8 literacy credits at Level 2 or above
    • 14 numeracy credits at Level 1 or above
  • An equivalent qualification, or
  • An approved Level 3 or higher qualification with a relevant pathway

Special admission

If you don’t meet the standard entry requirements but believe you’re prepared to study at this level, you may apply for discretionary admission.

You’ll need to demonstrate that you have the ability and preparation to succeed in the programme. Admission decisions are made at the discretion of the relevant academic authority.

Language and literacy requirements

All applicants must demonstrate the language and literacy skills required for the programme, equivalent to 8 NCEA literacy credits at Level 2 or above.

If you can’t provide this evidence, you may be asked to demonstrate your ability through an approved proficiency test or an equivalent recognised under NZQA requirements.

English language requirements

International applicants must provide evidence of English language proficiency:

  • IELTS Academic: 5.5 overall, with no band below 5.0, from one test taken within the previous two years, or
  • An equivalent English language qualification accepted under NZQA requirements

Programme-specific requirements

There are no additional programme-specific entry requirements.

     
     
     

To satisfactorily complete the New Zealand Diploma in Business (with strands in Accounting, Administration and Technology, Leadership and Management, Human Resource Management, Marketing and Sales, and Project Management) (Level 5), and be awarded this qualification the student must successfully achieve:

  • A minimum of 120 credits in accordance with the programme schedule for the New Zealand Diploma in Business (with strands in Accounting, Administration and Technology, Leadership and Management, Human Resource Management, Marketing and Sales, and Project Management) (Level 5).
  • The student will normally be expected to complete the New Zealand Diploma in Business (with strands in Accounting, Administration and Technology, Leadership and Management, Human Resource Management, Marketing and Sales, and Project Management) (Level 5) full-time over 1 year or part-time over a maximum of 5 years.

Please Note: Students failing to engage in study as per programme requirements may forfeit zero fees entitlement.

Graduates may progress to:

  • New Zealand Diploma in Business (with strands in Accounting, Administration and Technology, Leadership and Management, and Māori Business and Management) (Level 6)
  • Bachelor of Accounting (year 2, level 6)
  • Business qualifications at degree level
  • Relevant industry or professional qualifications at Level 6 or above.

Award of this qualification with the Accounting strand may equip graduates towards achievement of the academic requirements for CAANZ’s Accounting Technicians College.

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